Welfare Protection Assurance is an annual renewable policy which provides a lump sum benefit to the beneficiary/beneficiaries of a deceased member of an organisation/association.
The policy could be combined with other auxiliary benefits such as permanent/total disability, critical illness, funeral expenses and medical expenses. It enables the dependants of the policyholder to continue to live their normal lives as when (if) he was still alive.
- Cash amount could be used to train the children left behind
- The spouse could use the cash amount to set up a business
- The cash amount could be used to settle debt e.g. mortgage
- Cash amount could be used to acquire more properties
- Cash amount could be used as savings to provide regular income
Please do not pay cash to/through our Financial Advisor or staff.
- Premium can be paid through the following channels:
- Complete a direct debit form
- Complete a standing instruction form with your bank
- Electronic transfer from your account to our account
- Deposit into our bank account
- Please include your name and policy number on all payments.
Please do not pay cash to/through our Financial Advisor or staff.
Other Product
Tuition Protection Plan
Tuition Protection Plan is specifically designed to guarantee the completion of a child’s education…
